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Barchart
Sristi Jayaswal

What to Expect From Alliant Energy's Next Quarterly Earnings Report

Madison, Wisconsin-based Alliant Energy Corporation (LNT) operates as a utility holding company providing regulated electricity and natural gas services in the U.S. With a market cap of $14.1 billion, Alliant Energy operates through Utility Electric Operations, Utility Gas Operations, and Utility Other segments. It is expected to announce its Q2 earnings after the market closes on Thursday, August 1.

Ahead of the event, analysts project Alliant Energy’s profit of $0.71 per share, 10.9% from $0.64 per share reported in the year-ago quarter. The company has surpassed Wall Street’s EPS estimates twice over the past four quarters while missing on the other two occasions. Its EPS for the last reported quarter declined by 4.6% to $0.62, missing the consensus estimates by 6.1%.

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